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HomeMy WebLinkAbout2309 r ~ ADDITIONAI. PROVI9ION3 OF OONTRACT It b asered by tM partla~ l~ereto tA~t a~ld property 1~ sold by the Seller and puc~iia:ed by tbe Buyer upon the fdbwlns teta~s and oondltlatr: 1. Sdd pe~oper~y rWl at all times nmaln stdcUy perional W'uP~rt,y and the title W~atd proPer41?. includisnd all ot the~erm ~~tb1s or aoorWaw Meret0. vWl remaln in the 8eller untU ap ot tde WYmenla above menttoned are msde in fuU. ooatraat ars perloe~aed. Tas Huyee shall keep ~ald proper~y iree oi tauces. ltens and encumbrsnas: sf?all keep ~aW property tn qood rep~lr a~d conditfa~. ordtnaqr wear and tear excepted. but ahW luve n0 rl8ht os autbodty to creste a Ua~ tberean by nasw? o[ any rePalrs or fmpi'm?emenv thereto: ahW not tran.~ter or ~dl ~aW properR,y n~ assign aqy interest under Wla uoatract wtttaut the prbr written cansent ot the 3eller; ahW aot use saW property lmprope~jr ae Wegally; shall give immedlate notice to th~ Seller~n event oi an~ l~ or to aaid prop- ~Y: ~ P~rniit the Seller o~ lolder hereo[,-in perean or bY a8er~ st all Wnes to eaiter updn aqY Pcemixa where ~ l~rty may be and to have aooess thereto for the pnrpws ot examining the seme. or for the purnose of nmovin8 !t as herefnafter Provided; and. exoept 1 n t h e u s u a l. a n d ~ o p e r u s e t h e r e o f. a t w l l n o t r e m o v e s a i d p m p e r t y i r o m t h e p~~ s e a. h e r e i n s t a t e d w i t h o u t L' u p c i o r w r l t t e n c o ~ s e n t ot the ho~dee hereoi. . 1. 1t~e Buyer agrces to malntain upon sald pmperty aucl lnsurance as the Seller or holder hereot msy trom time to time requln, pay able to the Suyer and the hoidec he~ot as their intereata maY aPP~a~'. and the proceed~ of any eucb insurance stiall be appUed to the repnlr or replacemc.nt oi sald prcperty or to the psyment ot the above Indebtedneas as the holder ~:eot msy elx~ and Seller, as s cceditor ot Bu~yer. ts authorized to purchax any and all suc1~ insuranoe. at Buyer'a expenae. whether or not included herein. It the cost of such lnsur- ance is not included in t2~e Time Balnnce as co~mputed above. Buyer agrie~ to pay the same to Seuer on demand. Buyer agrces to pay the pcooeeda ot aU such lnwr3nce pncludtng eny tefund at pr~atum~) to the Seller to the extent of the unpatd portion ot G1e Time Balance. ha~eby djrects any 1ns~rer to make p~yrnent ot auch pmoeeels directlY ~o Seller. sppofnta Seller as Attorney !n ~ct to endorae any dratt drawn !or t2iat pufpase. and auWorlr~es 3eller to apply sueh proceeds to the payraent of installmenta due or to become due henunder. 4. In Uie event the Buyer faUs to pay aay of sald lnatallments promptly when due. or detaults in the pedormanoe of any o! the pro- vWons of this contract, o in event any,bunkNp~Y. receiverahip or Maolvency proceedings be insUtuted by or against t~e B~?e~. or 1n event the holder hee+eof at any~lme dee~ns satd property to be in danger or 1oa~. t,hen. or In either such e~~en~ at the opUoa oi•the holder hereof. ~ all the atoreaald indebtedneas ahall Imm~~diately become doe and pa~yaDle wtthout notf~e, and the bolder hereof. in person or by agen~ msY : immedtaLely take poasession of aaid PropertY• togetber w1~1 all addltions. increment or acceasions theret0. and for this pnrpose maY enter upoa any premtxa where said property tnay be and nmove the same: and the holder hereoi may proceed to arll said ProPert~Y ~8 to law, at publlc or private sale. with or wlthout t?avlug saW property st the pleee oi aale. and upon auch Leima and in such manner as the Seller may determine. and the holder :tiercot may bid at aqy public sale se other persons: and the pe~ooeeas ot any sale of aald property ehall be applied first to the payment of all naaonable expensb i~urred in repoax~ing. repatrin8 and selW?g the saine. including a rea- , aonaWe attorne~s fee. and next to the aatfatactlon of the afon~aid indebtednes~, enY surplos shall be pafd to the Buyer: and in event the proceeds of any sale are insuttlci~t to pay raid indebtednqe In itill the Buyer shq~l remata legallg bouna for the p~yment of any such - deitdenCy. • ~ ~ c ~ • - ~ . . , . ( 5. No trana~er. renewal. exte~slon or asaignment ot this cantract, nor gny Iws. lfi~ury or destructlon of sald property: a~aA relea~e the Buyej fe~+um t2~e obligatlons hereot. . 6. This contract shalt inure to the benefit of. arW Wnd the betrs~ adminlstratora. executors. wccessors and asstgn~ of. the partles hereto. and may pe~i by tli~'3~J1~~iItTiSuT-tFe can~en't-oaZhs Buyer. Any noUae to Suyer shall be auMciently givai ii mailed to him or it at tLe rdd~enoe~c~plaoe of bodnem of the Buyer whkh 4 stated herdn 7. Upqp de~~nlt, the motor vehlele purehascd hennnder may bt repossessed and sold at pablle sale. The procee~s of suc sale shall be applied first to the payment o[ sneh eaets. espenaes and attorneys' fees in con- nection with ttie 'retaking. storing and sale of the motor vehiele ss may be a~llowed br the,eonrt if the retaking ~ is by legal proeees or, It the retakin~ is not by kgal protess, to the piyment of tlie a~t~al and nec~ssary eac- penaca oi atoring the motur vehIcle, .not to ~eeed one dollar ~i1.00) per dap, and to the aetnal cost of pnblishtng the nottee of sale in s newspnper aa reqnired in snbseetion (4) of 3ectton 520.11. Flodda Statntes, and then to ; the sutisfaetion of the balanee dne nnder thi.g eontrae~ After sneh applieation any surplna shall be paid to the bnyer and the bnyer shall remain liable for any balanee remaining nnpaid after sueh application. : - - i ~ ASSIGNMENT AND GUA~tANTY - r t Fbr value reoefved the underaigned hereby aasigns the foregdng Retail Installm~t ContraCt to The Er~uipment Finance Co. ; . ~ Ft. Pieree ,~7orida. berebY trans[ers tiUe to the persmnl PropertY descr[?xd therein to aaW em[gace, aa~ warranb that said instcument is genuine and 1n all things whnt it purports to be. that the underslgned bas B~ tltle to safd perwnal P~Y atd a good right to tranater tltle theceto. t~at all partles hereW luve capadtq to ooatract. aad that tLe tmderdgned bas no i , knawledge of jany facts whlch may impsir the validity of safd indniment or render it leas valuaWe or valuelea~. ~ ~ ZLe underaigned hereby further abeoluWy and tmooadttionalty guarantees the perforsnsaoe oi tbe arittiin contract aM the psyma?L of the Indebtedness t ierefn referred to. and hereby watves notloe o! detaiilt in the per[ormanoe of aald oontract or in tbe psymwt at aaM indebtMr~ess, hereby egrees that detault in performance o~ aatd oontract may be ~ved or the maturlt}? oi any or all oi the aforesaW indebtedneas may be extended wlWout iwtioe to the ut~ersigned. ~ ~,ts_.~ th day or Februar,..y . .19 6`L. - . . C - ` ~ : ~ . . ~L. ~ i . . ~ ~ ~ ~ ~ ~ ` ~ 1335`73 ~ ~ ` ~ FlLE~ A~D RE~O(~OF~ . Endorsed witfi Recourse . ` ~ . ~r~~ ~ _ 1~,~ \ `~~~~~~;~a ~in~~,,~yS , 5uhjoct to a~i ih~ p:ovis;ons -0 ~ . ~ r State.~ :.bo~e. i " • =;Z.•.'~;' -.~z 7); 1955 FE~ 24 AM I I. 0 ~ , , ~ ~ . • ~ ~ . ; ; o: Florida Bank at Ft. Pierce ~ i : : ROGER POITRAS. CLE~i( : N= ~ . ST. IUCI - ~ , _ ~:y~ , Equipment Finance Co. E C0l;4TY, Fl,GRIpA r:a;~. r,, ~ - - - , s • - ~ ~I'~. ~T'.' : ~ . _ - - ~ : rs,.: ~ ~ ~ ~ - ~ .:••,a~7; ; ~ ~ - - ' ~ . ~ . / ' ~ • ~ Mr ~ • ~ i " ~ 4~r~ : . ~ . • ~ , - ~ : ~ r E¢ ~ ' ~ y ! ~to ` r. i . I•/~ .ti .r. 4 O , . ~ ~ ' 7 ~~p, ' r' ' _ ' + ' ' , F . . • • t ' - ' ' . . . ' . , ~ Penaonslly Eadorsed ~ .ls ,s ; , , 1.4. ~ ~ ~0 R: ~ - - o~K 1~.1 Pac~505 ~ . ~~r""p- ~ fl - - _